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Re-engineer Kenya agriculture finance to unlock potential
People learn various ways of establishing smart farming units within their homesteads at the National Irrigation Authority Stand during the 2023 Agriculture Society of Kenya (ASK) Mombasa International Show on September 7, 2023.
Kenya’s agricultural finance landscape presents a paradox: Agriculture is the backbone of Kenya’s economy, contributing 22 percent to GDP and supporting over 70 percent of rural livelihoods.
However, financing challenges hinder productivity, value addition, and commercialisation. Limited access to affordable credit, low private sector investment, and inefficiencies in financial policies prevent optimal sector growth.
